State-owned Rural Electrification Corporation (REC) has appointed a consultant to review its business procedures and flag inadequacies and weaknesses therein, company chairman PV Ramesh said on Friday.

Finding synergy in its group businesses which make steel and produce electricity with electric vehicles, Sajjan Jindal’s JSW Energy on Friday committed an investment of up to Rs 4000 crore for setting up an electric vehicle project and a supporting ecosystem to manufacture electric batteries and charging stations from the ground up.

JSW Energy's Q1FY18 consolidated results for the quarter registered a miss versus consensus estimates. Revenue for the quarter came in 7.3% lower than the estimated figure of Rs. 2407 crore. EBITDA for the quarter came in 14.2% lower than the estimated figure of Rs. 1013 crore.

Attracted by India’s solar energy potential, French energy company Engie is in talks with the country’s largest roof manufacturer Everest Industries Ltd for a partnership for solar-ready roofs, said several people aware of the development.

The Ranchi University (RU) is the lone varsity among the five state varsities to adopt 'Green India Mission' scheme and install solar panels on the rooftops of five academic buildings at its Mohrabadi campus.

New Delhi: Government auditor CAG today slammed state-owned REC and PFC for not following internal guidelines and RBI rules in sanctioning loans to independent power producers that led to surge in bad loans.

General ElectricCo's new Chief Executive Officer John Flannery made a big bet that the industrial company's flagging fortunes will improve, buying nearly $2.7 million in GE stock, according to a regulatory filing.

Denmark's DONG Energy beat second-quarter profit forecasts on Thursday and said the start-up of more projects and a fall in construction costs would generate more cash, possibly making way for higher shareholder returns in coming years.

Indraprastha Gas Limited (IGL), the supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the National Capital Territory of Delhi, Noida, Greater Noida and Ghaziabad today announced its financial results for the first quarter of FY’18, while continuing the growth momentum.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.82 per barrel (bbl) on 10.08.2017.

Venezuelan homemaker Carmen Rondon lives in the country with the world’s largest oil reserves, but has spent weeks cooking with firewood due to a chronic shortage of home cooking gas – leaving her hoarse from breathing smoke.

OPEC forecast higher demand for its crude in 2018 on Thursday due to rising global consumption, and pointed to signs of a stronger oil market that suggest an OPEC-led production cut is getting rid of price-sapping excess supply.

Display screens will come up at at various stations in a phased manner in the next four years under Railway Display Network (RDN) project to communicate with passengers and also provide infotainment, the Rajya Sabha was informed today.

Railways in India were built by the British and the maharajas. Interesting snippets on railways in India, and their history, can be seen here and here. Indian Railways with its organisation and structure as we know it today was sculpted 1950 onwards.

As banks work overtime to resolve dud loans worth over Rs 8 trillion, Union minister Nitin Gadkari today claimed proactive steps taken by the government in the road sector have helped save Rs 3 trillion of loans from slipping into bad assets.

The government is committed to invest more in the infrastructure sector through schematic interventions like Bharatmala and has adopted a multi-pronged strategy to address infra issues, the Economic Survey said today.

M Venkaiah Naidu on Friday took oath as the 13th Vice President of India. A glittering ceremony was held at Rashtrapati Bhawan this morning. Prime Minister Narendra Modi and former PM Manmohan Singh were among the other dignitaries to attend the event.